Originally Posted by
Daly
Like i mentioned they could do a two hour documentary on how these guys are getting and maintaining accounts. Believe it or not the most “important” guy in that video wasn’t the guys making the plays. It was the operations guy at the start who was in charge of operationally getting plays in.
There are guys who are very very well paid who are actively getting people verified at DK or FD as new VIP’s with whale limits to then use as a front to send in plays. It’s bordering on fraud in some respects but the guy with the account is obviously cut in so it can be spun as he is buying his plays for a fee.
99% of the people bet Mahomes -7 every Sunday and send in $100-$250 and couldn’t be happier. The masses are who these companies want. DK is spending over 100K a minute on new clients…. As I like to say sports due to legalization is back to poker in 2003.
The 1% that treat this as a business are going to retire in a few years. Just like poker took a huge hit after Black Friday the sports plunge is coming. Thankfully not for a few more years.
The books are 11:10 and always get the best of it. It’s the law of large numbers getting raked. It’s not a sharp vs square story at all.
The 11:10 is ancient history but it’s illustrative of the basic business. Props, parlays and teasers rake…. omg, these legal books should be brought to court.
The 1% are the ones who are monetizing the wagering social media, entertainment and I guess tout kinda stuff. Discords charging a monthly subscription is my latest discovery.
You think people don’t have phones? Just betting the home team? Fantasy and red zone and all that don’t exist? The public is thirsty for news and data. The 1% will kill it trying to satisfy that thirst.
btw check out indeed or whatever and data analytics and other quant listings at these new books. Those kids are gonna kill it.